Phil Ama Oct 2008

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    Phil Ama Oct 2008 - Presentation Transcript

    1. Beyond Blogs: Succeeding in a Conversational Marketing World Lois KellyBeeline Labs Philadelphia American Marketing Association October 15, 2008
    2. The 2.0 avalanche: the stats tell the story 64% of consumers 78% consumer trust the 60% of Americans reported wanting to see advice of other regularly interact with user ratings & reviews. consumers. companies on a social media site. Forrester, 2008 Nielsen “Trust in Advertising Study” 2007 2008 Cone Business in Social Media Study 75% journalists get 73% online users have 43% of consumers say story ideas from blogs. read a blog. companies should use social networks to solve Brodeur/Marketwire study, Jan. 2008 Universal McCann, Social Media Trends, April consumers' problems. 2008 2008 Cone Business in Social Media Study 93% of Americans believe 57% of people online 36% think more that a company should belong to a social positively about have a presence on social network. companies that have media sites. blogs. 2008 Cone Business in Social Media Study Universal McCann, Social Media Trends, April Universal McCann, Social Media Trends, April 2008 2008
    3. 75 percent of Fortune 1000 companies are eager to get involved in social-networking initiatives for marketing or customer relations purposes, but 50 percent will fail. Gartner Group
    4. End goal is the same: Getting & keeping customers
    5. The world is a giant web of conversations. Customers with customers Sales reps People with with people online customers PR with the Conversations Employees media with customers Executives People with with opinion Your partners friends leaders and vendors with customers
    6. With more channels than ever before Conferences Sales Podcasts meetings Webinars Conversations Blogs Social You Tube Online networks communities
    7. A DS • ES AG E SS KS M EC S G D IN ES N ET AL RK • S IO A M NT AY TE W N T E- CO ON EB SA W R VE N CO
    8. Trus t The • Builds understanding importance of • Emotional connections conversations • Develops relationships isn’t new…
    9. 5 things make it more important 1. Trust 2. Overwhelmed 3. Being heard, having a say 4. Emotional connections 5. Web 2.0: Digital Natives + Immigrants
    10. The 5 biggest obstacles 1. Starting with technology 2. Company/product focus vs. customer focus 3. Tactics vs. strategic value 4. Command and control mindset (+ Legal!) 5. Nothing to talk about
    11. Most social media has no purpose, plan, design
    12. Sense Engage Activate Measure Stories Creating a social media marketing strategy: SEAMS
    13. Actionable listening Sense What does it mean? Actionable vs. “monitoring” Cross functions
    14. Pinpointing influencers, influences, topics, issues Sense
    15. Customer social media behavior Sense • What is the social media behavior, persona of your customer segments? • Who/what influences them? How much of that influence is from online sources? • How involved/interested/passionate are they about the category, company, decision? • What issues do they care the most about?
    16. Sense What truly makes us different is that we listen to you, our users…Kayak employees (from our CEO to accounting to our geeky engineers) personally answer each and every email. Anyone can listen, but we also react.
    17. Learn how to respond, participate conversationally Engage Helpful, genuine, authentic, social
    18. Engage
    19. Operationalize: Engage who to respond to what/whom
    20. Buying Activate Public Customer relations service Activate change: Talent recruitment Empower processes Leadership communications Employee communications Product Training innovation
    21. Activate Customer service
    22. Activate Public relations
    23. Activate Training
    24. Activate Talent Recruitment
    25. Activate Buying
    26. Activate Employee communications
    27. Activate Product Innovation
    28. Measure Which measures make sense? 1. Beware the disconnects Loyalty goal page view measures Customer support engagement 2. Set measures at start 3. Synch with other business goals, measures
    29. Benefit Metric Value Traffic # page views, visitors Cost in similar ad channel Press mentions # stories in media, high profile bloggers Ad cost in publication Search engine % of top search results driven by blog, SEO costs, paid search positioning community keywords Word of mouth # people commenting Cost of buzz agent, share of conversation Savings: consumer # times provide useful business insight Focus group, survey insight cost Increased sales # prospects, customers, sales who Decrease in sales cost; efficiency read; content to be repurposed for lead content creation costs gen Influence/leadership # incoming links from prominent Decrease in paid sources; # new relationships; analyst costs, less PR syndication into corporate Intranets effort Reduced training # of employees, customers who read Reduced training; prof’l costs development costs Stronger Negotiated co-sponsor agreements. Decrease in event, partnerships marketing costs
    30. Want more interest? Be more interesting Stories
    31. Storytelling “If you say undifferentiated things that are expected, then you shouldn’t expect anyone to care.”
    32. Storytelling Find new story themes at least once a year POINT OF VIEW Beliefs, opinions, ideas that provoke conversation, build understanding; something a person would actually say VISION Why the organization exists, provides direction to what company does VALUE PROPOSITION Value customers get from doing business with company MESSAGING Most important points to convey about company, product, service ELEVATOR SPEECH Simple sentence describing business, how it differs
    33. Storytelling 9 views that get people talking David vs. Avalanche Aspirations & Beliefs Goliath about to roll Contrarian Anxieties Personal Counterintuitive stories “How to” Glitz & Glam Seasonal, Event related
    34. Friendly vs. formal Friendly dealer table earned 13% more revenue. J.D. Power/American Casino study
    35. To get more interest, be more interesting.
    36. Marketing is a conversation!
    37. People want to get help and give help.
    38. 2008 AMA-Berry Book Prize Finalist 2008 Axiom/Inc Gold Medal Winner Let’s keep talking: www.beelinelabs.com www.foghound.com www.marketingtwo.net Lkelly@beelinelabs.com

    + Lois KellyLois Kelly, 2 years ago

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